Overview
- Rheinmetall Iceye Space Solutions is established with Rheinmetall owning 60% and Iceye 40%.
- The venture is headquartered in Neuss, where a Rheinmetall auto-supplier plant is being converted for satellite manufacturing.
- Operative business is slated to start before year-end 2025, with the first satellite planned for production in Neuss in 2026.
- The JV will produce synthetic-aperture radar satellites using Iceye’s technology for high-precision imaging used in both civil and military contexts, including reported deployment in Ukraine.
- Rheinmetall aims to increase output and leverage its global sales network, pairing the smaller Finnish specialist with its roughly 40,000-employee industrial base.